If you have a cryptocurrency, but you cannot sell it, because this cryptocurrency blocked deposits on all listed exchanges ( detail the withdrawals are enabled )
the reason for the deposit block is a request from the cryptocurrency project team itself, for "investor safety" reasons. but the blockchain has not been stopped and the transfer from wallet to wallet is normally working!
this is cause for suspicion of the right project?
I'm here asking, because I don't want to see meaningless answers from the project team, they don't know how to answer that question.
if anyone here is curious to know what project it is, it is NRG
The termed probably known as locked or special case where developers choose to restrict movement of tokens or coins. Usually it is done by investors who purchased on early bird cases anf has provisions to let their buyers agree on the terms of vesting period.
Also there are times that they have giveaway through airdrop and bounty and decides to locked the tokens for a certain period. Purpose is not to dump of course. On the other case, since its not an erc20 token maybe exchange have some trouble with their blockchain? I know NRG, maybe there is some error just ask the devs about it.